Bruno Walton and Melvin "Boots" O'Neal are the most infamous troublemakers at MacDonald Hall - a supposedly prestigious school for boys. Bruno, the brains behind the operation, has managed without fail to convince Boots to tag along on his countless prank operations whether it includes stealing a rival school's mascot, switching the school's flag or invading Miss Scrimmage's Academy for Girls Education and Awakening across the road. Despite their ongoing pranks, Bruno and Boots LOVE their school and are willing to do anything to protect it. After a dismal defeat at the hands of their York Academy rivals at the semi-annual swim meet, Bruno uncovers that MacDonald Hall is perilously close to losing several top students to York (including his best pal Boots) thanks to MacDonald Hall's less than impressive sports facilities. Determined to save their swim program and keep his friends at MacDonald Hall, Bruno goes on a fundraising warpath to build their own pool. Through rummage sales, nationally televised bake-offs and other ill-advised (borderline illegal) schemes, the Macdonald Hall boys raise a good chunk of cash. But with the final swim meet of the season close at hand and only half the funds raised, Bruno must take drastic action to keep Boots from becoming a dreaded York "turkey" - a fate worse than any detention Headmaster William "The Fish" Sturgeon can dole out.

A new teaching system arrives at the hall and the boys hate it and and try to get rid of it in secret. Bruno's plans never turn out the way they planned so guess who had another plan. The system only holds double digits so once you reach a certain amount something happens. The boys can't figure it out until later in the movie but Bruno finds out what happens.

Headmaster Sturgeon has had enough. In an attempt to put an end to Bruno and Boots high jinks, he declares that they are to be separated; no shared classes and, most certainly, no shared dorm room. This punishment is worse than anything the boys could have imagined. However, if Bruno and Boots can alienate every boy in Dormitory 3, Sturgeon will be forced to re-unite them. The plot almost succeeds, but one misstep forces the girls from the Scrimmage Academy for Education and Awakening to move into Macdonald Hall, leaving Bruno and Boots back where they started.

A small-town couple finds the perfect apartment in the big city, except there's one catch: the apartment is home to the ritualistic suicides of a deranged cult.